In a Guardian round-up (mainly about Ofsted and prior warnings to academy chains) one piece mentions a 'budget deficit' at Benedict School in Mitcham Surrey which joined the Chapel Street Community Schools Trust in January.
The trust's 2012/13 accounts do not include Benedict School because it joined after the academy financial year but show a £146,000 gap between the trust's operational income and its expenditure. (The trust's accounts say it has a £2,300 surplus p.6)
The accounts do not appear to provide details about the individual funding levels of the two schools that were running during the period or the central service charges they paid.
According to its website the Chapel Street Community Schools Trust has a busy schedule for opening up schools up and running:
Sept 2012:
Atherton Community School
Sept 2013:
Tynedale Community School
Jan 2014:
Benedict Primary School shut in May 2013 opened in January 2014
April 2014:
Westbridge Primary School (shut 31/03/2014 opened as academy 01/04/2014 - )
Sept 2014:
Burnley High School
Park Community School
Sept 2015: Kingston Community School (proposed)
Sept 2016:
Trinity High School
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